March 15 & 16, 2023
M&A Conference at Wharton San Francisco2 Harrison St., San Francisco

This prestigious annual conference assembles corporate development leaders, in-house M&A counsel, board members, and private equity investors to discuss current challenges impacting complex transactions and learn about innovative methods to improve deal performance.

The cross-disciplinary agenda draws on experienced M&A professionals from various industries and regions to share first-hand experiences, best practices, and recommendations for navigating deals through both internal and external challenges.


DAY ONE AGENDA: Wednesday March 15, 2023
1pm - 6pm PST (Dinner to follow)


M&A Strategy | 1pm
Can capability-driven M&A address business model and supply chain disruptions? Is deal making still the best way to drive innovation? Are programmatic M&A strategies producing the best performance? How are dealmakers adapting to the current themes and sentiment in the capital markets?

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Differentiating Bids in the Era of Abundant Capital | 2pm Faculty speakers at M&A Conference at Wharton San Francisco
Is it possible to win a deal without being the highest bidder? Is the lighter regulatory burden helping PE firms? What deal terms are materially different? Is private equity driving more corporate risk taking?

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Value Creation in M&A Transactions | 3pm
How are deal teams conducting reputational and political risk assessments? Are there ways to head off a ‘great resignation’? What are the best ways to ensure a deals’ expected synergy and growth value is achieved in the broadest sense and then sustained over time? How are M&A teams expected to address environmental, social, and governance (ESG) considerations? What messaging frameworks are being used across ever larger stakeholder groups?

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Planning for Resistance | 4pm
How are interim operating covenants best designed to avoid antitrust scrutiny? Is a more sophisticated framework for efforts to close and break fees emerging? What deal terms should flex if there is a long regulatory review, while avoiding gun jumping? Can you ‘test the waters’ with antitrust regulators before agreeing to the deal?

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Tailoring M&A Protections | 5pm
How are claim mechanisms being structured to address post-closing purchase price adjustments? What’s leading to tax and litigation indemnity claims? When are special indemnity escrows being used?

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Wine reception at M&A Conference at Wharton San FranciscoReception | M&A Innovation Partner Demos | 5:15pm
A number of innovative M&A technology platforms will be available for review during the reception.
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Dinner and M&A War Stories | 6pm
The robust discussions continue over dinner. 



DAY TWO AGENDA: Thursday March 16, 2023
8:30am - 6pm PST


Breakfast | 8:30am
As past participants will attest, the views over the San Francisco Bay are amazing.

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Deal Points for Innovation-driven Acquisitions | 9am
What provisions are being negotiated to diligence and secure IP assets and protect against cybersecurity risks in the purchase agreement? What missteps should be avoided when options and various share classes are redeemed? How is the strategic value of innovation-driven deals best captured? When is a CVC investment or a partnership a more effective or preferred vehicle? 

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Retention Structures and Talent Strategies | 10am
How are roadmaps being used to achieve the future-state operating model? Are cultural integration challenges easier or harder in hybrid / remote work environments? How are significant people risks identified and addressed in the deal terms? What innovative frameworks are being used to retain acquired talent? 

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Negotiating Deals in a Volatile Market | 11am
Are contingent consideration structures being used to address volatility and provide more robust downside protection? Are more collegial terms being agreed (walk rights, go shops, etc.)? Should dealmakers now adjust for slower timelines to close and place more emphasis on interim covenants? Do stock deals need more sophisticated exchange mechanisms? 

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Lunch | M&A Innovation Partner Demos | 12pm
Continued discussion with the speaking faculty, members of the Institute, and M&A Innovation Partners

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Executing Cross Border M&A | 1pm
Do terms tend to shift for rapid v. slow to close transactions? Are new deal protections and resolution mechanisms being negotiated? How are corporate directors approaching M&A governance as cross border M&A returns?
M&A Conference at Wharton San Francisco

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Negotiating Risk Allocation and Deal Protections | 2pm
What deal terms are changing? Are there interesting variations in sponsor-backed deals? Can dealmakers improve the negotiation process?  How are parties allocating risk among courter-parties and third-parties, including transactional insurance underwriters?
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Navigating the Upheaval in Merger Enforcement | 3pm
How are dealmakers addressing the new and novel theories of harm that are being lodged by regulators, the media, and Congress? Are labor and employment issues taking a larger role in the merger review process and consent decrees? How are dealmakers approaching merger notification filings and multi-agency coordination? What steps are required of the M&A team to avoid gun jumping and other conduct investigations?

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Integration and Synergy Realization | 4pm
What positive and negative synergies are often missed in deal models? How do you create culture, virtually? Can contingent consideration mechanisms create behavioral change? Should a modified integration approach be considered for different deal types (standalone, partial integration, or full integration)?

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Reception | 5PM


M&A INNOVATION PARTNERS
Participants will have access to demos from a number of innovative technology and information platforms that are advancing the M&A practice. 


WHO SHOULD ATTEND
This M&A conference is for public-company corporateM&A Conference at Wharton San Francisco development and integration leaders, in-house M&A and securities counsel, chief financial officers, chief executive officers, board members, and private equity investors.

To get a feel for the program, you are welcome to view this gallery of Select Past M&A Conference Speakers and photos from the M&A Conference at Wharton San Francisco 2022.

This conference is not designed for M&A advisors or service providers. The proceedings are closed to the media.


CLE & CPE
M&A Conference participants will be eligible for 9 CLE and 11 CPE credits.


CONTACT
Elizabeth Nassar at +1 (312) 625-2702 or enassar@transactionadvisors.com.



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